Construction Equipment Market is expected to grow by 4.48% from 2022 to 2029
The Construction Equipment Market size was valued at USD 177.82 Bn. in 2021 and the total revenue is expected to grow by 4.48% from 2022 to 2029, reaching nearly 252.49 Bn.

Construction Equipment Market Overview

The report published by MMR, on Construction Equipment Market includes several segments related to generally state-of-the-art business data and industry future with cautious assessment and examination. The report entitled the Construction Equipment market report 2021 by manufacturer, type, application, and region.  The report provides an in-depth analysis, revenue statistics, and other essential data about the global Construction Equipment industry, as well as various trends, drivers, limitations, opportunities, and threats that the market over the forecast period.

Construction Equipment Market Scope

The Construction Equipment market report includes, the forecast period is considered from 2022 to 2029, and 2021 is a based year. 2021 market size in terms of value and volume is estimated on real numbers and outputs of the prominent players across the globe. Past five years market trends from 2016 are considered while estimating the market through 2022-2029. The year 2021 is an exception and analyzed specifically with the impact of lockdown by region.

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The report also includes a detailed analysis of the Construction Equipment industry, as well as market segmentation by product type, applications, end-use, and region. The report includes an analysis of historical market dynamics from 2018 to 2021, which assist readers in comparing past trends to current market scenarios, as well as the contributions of key players.

Segmentation : 

The Loader, Crane, Forklift, Excavator, Dozer, and Others categories make up the Construction Equipment Market's Type segmentation. In 2021, the segment for loaders had the largest market share. The demand for loaders is seen to be increasing exponentially as a result of the expansion of both existing and new production facilities, rising household demand, rising disposable income, and government subsidies. Demand for automated loaders is also rising as they are combined with sophisticated technologies like cellular, Bluetooth, and others.
According to power output, the construction equipment market is divided into four categories: 100 HP, 101-200 HP, 201-400 HP, and >400 HP. The segment with power outputs between 101 and 200 horsepower (HP) accounted for the largest market share in 2021.

by Type

• Loader
• Crane
• Forklift
• Excavator
• Dozer
• Others

by Power Output

• <100 HP
• 101–200 HP
• 201–400 HP
• >400 HP

by Industries

• Oil & Gas
• Infrastructure
• Forestry & Agricultural
• Manufacturing
• Military
• Mining

by Application

• Earth moving
• Transportation
• Excavation & Demolition
• Heavy Lifting
• Tunneling
• Material Handling
• Recycling & Waste Management

Key Players :

• Caterpillar
• Hitachi Construction Machinery
• Komatsu Ltd.
• SANY Group
• Xuzhou Construction Machinery Group
• JCB
• Doosan Corporation
• Atlas Copco
• Deere & Company
• Bomag
• CASE Construction Equipment
• Ammann Group
• Hamm AG
• Martin Trailer Company
• MBW Inc.
• Thetford International
• Altrad Belle
• CNH Industrial America LLC
• AB Volvo
• Zoomlion Heavy Industry Science and Technology Co., Ltd

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Regional Analysis

The Construction Equipment market Report gives an in-depth understanding and knowledge of the Construction Equipment market trends, dynamics, and other issues in the market. The report on Construction Equipment market includes the most significant developments that have an impact on the industry. It assists in identifying the information included in the report, as well as assessing the competitive landscape of important firms, Construction Equipment market dynamics, and other things that help to determine current marketing plans.

Key Questions answered in the Construction Equipment Market Report are:

  • What is Market?
  • What is the forecast period of the Market?
  • What is the competitive scenario of the market?
  • Which region held the largest market share in the Market?
  • What are the opportunities for the Market?
  • What factors are affecting the market growth?
  • Who are the key players of the market?
  • Which company held the largest share in the market?
  • What will be the CAGR of the market during the forecast period?
  • What key trends are likely to emerge in the market in the coming years?

Key offerings:

  • Market Share, Size, and Forecast by Revenue|2022-2029
  • Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
  • Market Segmentation: A detailed analysis by Construction Equipment
  • Landscape- Leading key players and other prominent key players.

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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